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From an ISP of the early 2000s, free top-quality email hosting didn't have an obvious revenue stream, yet Gmail noted that it was possible and, later, almost ce
by ISL 5y ago
From an ISP of the early 2000s, free top-quality email hosting didn't have an obvious revenue stream, yet Gmail noted that it was possible and, later, almost certainly found a way to make it profitable.
The trick with an unsexy thing like low-cost bank transfers is finding a way to make it attractive to consumers at the time they select a bank.
- rootusrootus 5y agoIn today's world I think people might be more sensitive about their banking data being collected and sold or used for advertising. Most people still don't seem to give e-mail that kind of consideration, but banking is on a different level.
- lostcolony 5y agoNobody picks a checking account based on how efficient bank transfers are. It's not that people don't care; of course they do. It's just not something that is advertised, or relevant to you until you run into it, and so is completely overshadowed by what IS advertised, and will affect you immediately (cost of the account, availability of funds once deposited, easy of deposit, etc).
- JumpCrisscross 5y ago> Nobody picks a checking account based on how efficient bank transfers are Few people, not nobody. I picked my bank because they don't charge for incoming and outgoing wires. (Downside: no Zelle.)